Latin America Yogurt Drinks Market was worth USD XX million in 2022 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2027.
Yogurt drinks have a reduced solid content compared to yogurt and are consumed as a beverage with added sugar and fruit-flavoured syrups. Yogurt drinks are consumed mainly for the health benefits associated with their consumption. The Latin America Yogurt Drinks market is driven by the rising number of mergers and acquisitions and the strategic collaborations between companies coupled with the increasing investment of vendors in milk sources and cattle ranches to maintain a steady supply of milk. The introduction of new products and flavors has also contributed to the growth of the market.
The Latin America Yogurt Drinks market is segmented based on distribution channels and by region.
Based on distribution channels
supermarkets
hypermarkets
food and drink specialty stores
Brazil
Mexico
Argentina
remaining countries of South America
The huge rise in spending in the Yogurt Drinks market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of large customer base with rising disposable incomes is set to drive the market in the foreseeable future.
Danone
Fonterra
General Mills
Muller
Nestle
Yakult
Amul
Bio Green Dairy
Bright Dairy
China Mengniu DairyFlora ProActiv
FrieslandCampina
Grupo Lala
Hangzhou Wahaha Group
Inner Mongolia Yili Industrial Group
Karoun Dairies
Lashbrook Lassis
Marquez Brothers International
Powerful Men
Raisio Group
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